Why you need an attorney for a house closing in Georgia

Whether it is your home state, or you are a newcomer, Georgia is a very desirable place to buy a home. 2020 is a great time to make your move, according to a new report from Roofstock. With low housing costs, affordable living costs, and a growing job market, it’s time to get serious in your search.

Once you find your dream home, be prepared for many logistics to come in the process of buying. One factor you may not be aware of is that Georgia requires the presence of an attorney at every residential closing.

What is the attorney’s role at closing?

A home is the largest purchase that most individuals will ever make. Therefore, it is vital that both parties comprehend the full details of the transaction. The attorney explains the settlement to both parties at the closing. Their job is to make sure that the buyer and the seller understand their financial and legal responsibilities. The attorney will explain each section of the document before you sign it to ensure that there are no misunderstandings.

While the attorney is there to help you, they cannot give you legal advice in their capacity as the closing real estate attorney. They are there to explain and guide you through the closing process. They will, however, handle any problems that arise during the settlement meeting.

Can you bring a personal attorney to advise you?

Yes, you have the right to bring a personal attorney to a closing meeting to offer advice that the closing attorney cannot give. The attorney you bring can represent your interests and ask hard questions on your behalf. Hiring an individual attorney is optional but not required.

Having a closing attorney is mandatory, but that is a positive thing for you. Real estate documents are complex and would, frankly, be overwhelming to try to understand on your own. A closing attorney can help you gain closure on the buying process and get any final questions answered.